Series: IMF Working Papers
Author(s): Fei Han , Emilia Jurzyk , Wei Guo , Yun He , and Nadia Rendak
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 27 November 2019
Keywords: Financial crises, Fiscal sector, Real sector, Demographic indicators, National accounts, Household indebtedness, macro-financial risks, houshold survey, WP, consumption growth
High household indebtedness could constrain future consumption growth and increase financial stability risks. This paper uses household survey data to analyze both macroeconomic and finanical stability risks from t...